Valin Posted January 2, 2013 Share Posted January 2, 2013 Townhall: John Stossel 1/2/13 In the short time since President Obama was re-elected, government has issued hundreds of new regulations. The bureaucrats never stop. There are now more than 170,000 pages of federal regulations. President Obama wants still more rules. Cheering on increased financial regulation, he said, "We've got to keep moving forward." To the president, and probably most Americans, "forward" means passing more laws. It is scary to think about a world without regulation. Intuition leads us to think that without government we'd be victims of fraud, as I explain in my latest book, "No, They Can't!" But our intuition is wrong. Consider this: An entire sector of the economy operates almost entirely without government controls. Complete strangers exchange big money there every day. (Snip) Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now